Radiation Cured Adhesives Market

Global Radiation Cured Adhesives Market: Overview

Radiation cured adhesives are made through the radiation curing process that makes use of electrons or UV light so as to cause polymerization. This curing process needs less time in comparison with heat cured adhesives, and, as such, lessens the overall cost of production. Radiation cure adhesives make an offering of high flexibility, adhesion, and transparency in product designing. This factor is estimated to support growth of the global radiation cured adhesives market over the period of analysis, from 2020 to 2030.

Type, applications, and region are the three important parameters based on which the global radiation cured adhesives market has been classified.

Global Radiation Cured Adhesives Market: Notable Developments

One of the relevant and important developments of the market that gives a quick view of the dynamics pertaining to global radiation cured adhesives market is mentioned as below:

• In October 2017, US-based adhesives manufacturing company HB Fuller has acquired Royal Adhesives & Sealants. With this acquisition, it is expected that HB Fuller will improve its expertise in high value and specialty applications. In addition to that, this strategic move is expected to widen the product offering of HB Fuller in construction, durable assembly, and engineering adhesives.

Some of the prominent organizations in the global radiation cured adhesives market comprise the below-mentioned:

• Bayer Material Science AG
• Royal DSM N.V.
• BASF SE
• H.B. Fuller Company
• Dymax Corporation
• Ashland Global Specialty Chemicals Inc.

Global Radiation Cured Adhesives Market: Key Trends

The global radiation cured adhesives market is characterized by the presence of the following restraints, drivers, and opportunities.

High Demand for Various Applications across Several End Use Industries to Boost Demand

Important applications of radiation cured adhesives comprise its use in wood and furniture, interiors, construction, potting, pressure sensitive decals and labels, laminating adhesives, and dental fillings.
In addition, a rise in the demand from the building and construction industry is anticipated to bolster growth of the global radiation cured adhesives market. Augmented investment made in the existing infrastructure so as to develop an improved is generating more demand for the product.

Global Radiation Cured Adhesives Market: Geographical Analysis

Asia Pacific is estimated to be one of the leading region in the global radiation cured adhesives market and is trailed by Europe. A rise in the construction activities coupled with the utilization of wood in several applications is expected to drive growth of the market in Asia Pacific.